The Career Achievements Of James Dondero (UPDATED for 2017)

UPDATE June 26, 2017

James Dondero, through his investment firm – Highland Capital Management, made a huge donation to aid in bringing hippos back to the Dallas Zoo. The donation was used to construct the 5000 square foot “Highland Capital Lodge” area in the outpost that has unique displays and an awesome view of the hippos and their stunning habitat.

For more information check out the new release below:

UPDATE May 2, 2017

A riveting article about James Dondero written on just surfaced. This in depth article is a great way to get to know the man behind Highland Capital Management. For more information check out the link below.

UPDATE January 16, 2017

James Dondero just launched a new website listing all of his contributions to the local Dallas community. This includes his recent appointment to the Southern Methodist University Cox School of Business Board.

“The Cox School at SMU contributes to the vibrant business community here in Dallas of which Highland is among the many beneficiaries,” said Dondero. “I am honored to assist with the numerous growth and excellence initiatives currently underway.”

Read the full article here.

UPDATE November 29, 2016

Check out James Dondero Ringing the New York Stock Exchange Closing Bell via the video below!

UPDATE October 20, 2016

James Dondero is known as the president and co-founder of the Highland Capital management. In recent news, he awarded a $1 million grant in order to help The Family Place, which is an organization out of Dallas that leads the way in supporting victims of family violence. Not only is this grant significant on its own, the grant also matches 50% of any funds that are raised for the campaign up to $1 million. Thanks to this announcement, more than $200,000 has been raised for The Family Place and there continues to be donations every single day. The fundraising goal for The Family Place is $16.5 million but it seems to be on its way of reaching that number in no time.


UPDATE October 6, 2016

Highland Capital Management and James Dondero have put up a $1 million grant to contribute to  The Family Place finishing their new facility. James went on to say that Highland Capital will pitch in 50 cents for every dollar given to the charity through April 4.

UPDATE: September 30, 2016

James Dondero invested even further in NexPoint Residential Trust. He purchased 7,600 shares of the stock and is confident in it’s future. NexPoint Residential Trust is a publicly traded, Real Estate Investment Trust, focused on the acquisition, asset management, and disposition of multifamily assets.


UPDATE: September 14, 2016

The Dallas Foundation recently partnered with James Dondero and Highland Capital Management to manage their over 3 million dollars annual philanthropic budget. The Dallas Foundation has a long history of charitable success in the nonprofit community. Mary Jalonick, CEO of The Dallas Foundation and James Dondero began to lay out plans for charitable giving that would be bold, effective and inspirational. Before long the Highland Dallas Foundation was formed as a support organization for The Dallas Foundation.

Read the original article here.

UPDATE: August 25, 2016

James Dondero has recently teamed up with Linda Owen to supply philanthropic needs to the general Dallas Area.Highland contributes more than $3 million annually to charitable organizations through The Dallas Foundation. For more on this click the link below.

The success of any corporation is dependent on the stewardship abilities of the top management team. James Dondero is a successful businessman who is revered for registering impressive results in all the companies that have enlisted his services. James is regarded as the co-founder of the world-renowned firm, Highland Capital Management. He is the current president of the organization.

The Dallas based entrepreneur has amassed over 30 years experience in the equity and credit markets. He has zeroed in on distressed and high-yielding investments. Besides Highland Capital Management, James Dondero has played a pivotal role in founding NexPoint Advisors. At the firm, Dondero is the president. NexBank has also recognized his abilities and for this reason, James has been made the chairman of the institution. It should be noted that Dondero is the majority shareholder of NexBank. NexPoint Real Estate Advisors is the adviser of the companies affiliated with it. These affiliated companies are Highland Capital Management, NexBank and NexPoint Advisors.

In 1993, together with Mark Okada, James founded Highland Capital Management. As of March 31, 2015, Highland Capital Management had an asset base of $21 billion. Dondero’s portfolio management expertise incorporates investment grade corporate, emerging markets, derivative markets, mortgage-backed securities as well as common stocks and preferred stocks. Funds affiliated to James have received recognition from reputable quotas such as the Morning star and Lipper award.

Some of the award-winning products offering made by James are collateralized loan obligations, mutual funds, real estate investment trusts (REITs) as well as electronic transfer funds (ETFs), institutional separate accounts, private equity funds and hedge funds. James’s career started at the humble Morgan Guaranty training program where he worked as an analyst in mid 1984. A year later, American Express recruited him. At the firm, Dondero undertook his mandate as a corporate bond analyst. At the American Express Corporation, James rendered his services for around five years. At the corporation, Dondero managed a portfolio (fixed income funds) worth around $1 billion.

From American Express, Dondero went to Protective Life, a subsidiary of GIC. While serving as the chief investment officer of the firm, Dondero started the firm from its humble beginnings to a corporation worth over $2 billion in a period of 5 years. The certified management accountant has displayed impeccable prudence in the management of huge funds. James is a proud alumnus of the University of Virginia, McIntire School of Commerce. Records show that he graduated with the highest honors in Accounting and Finance.

Recently, Dondero appointed Terry Jones to become the president in charge of institutional products at Highland Capital Management. Jones has massive experience in financial matters that spans 25 years. James asserted that Terry’s leadership would augment the corporation’s risk adjusted performance besides devising client-oriented solutions. James is the chairman of the board of three corporations, which are CCS Medical, NexBank and Cornerstone healthcare.

Dallas Budget and Bond Issuance at a Crossroads

Plans for a new bond vote in Dallas is setting off many different partisan groups concerned with how the 2017 bond issuance will be spent.

Poor funding for police pension plans in Dallas is setting off concerns regarding the plans as well as financial prudence and taxes among both government officials and citizens.

The current estimates for the shortfalls vary widely, but it is believed that the current shortfall for the pension funding for the Police and Fire departments in Dallas Texas is between three and seven billion dollars; a staggering sum.

The Pension board of the city is looking for the city of Dallas to contribute millions of dollars to make up for the shortfall of funds. A quote by A.C. Gonzalez, a Dallas City Manager, indicated that the options are limited to the City borrowing money to contribute, using money from the city’s general fund, or putting into place a tax hike to cover the gap in financing. Few appear to support his suggestions and instead delays in votes for bond issuance have been put in place.

Much of the concerns surround what the city believed to be needed critical repairs, such as those of potholes in the city which require over $100 million to repair, in addition to another $400 million for street improvements. In addition, Dallas has approximately $3.6 billion in planned repairs and maintenance to the city. Some city councilors are trying to make the latest bond issuance about just streets and roads whose transportation will help to clear up many issuance and allow for growth in a city that has been hampered by poor transportation.

Other projects that the city may support are new libraries and parks that residents have been requesting, though many are doubtful that these will be approved given the more pressing concerns. In addition, many citizens are concerned that the debt burden for the city of Dallas has grown too high and they future citizens will suffer for the financial problems that the city is currently dealing with, though advocates for the spending are predicting growth developing from the spending.

NexBank Is Still Sponsoring The Byron Nelson

NexBank is going to keep up its sponsorship of the Byron Nelson Championship for the future, and people who love golf will see the tournament in real time with the advertising for the bank when they show up. They will see the presence of NexBank, and they can enjoy one of the most important tournaments on the calendar for the year. The golf tournament is just one small part of what NexBank does for the people of Dallas, and they are continuing their stand as a full service bank that can do anything for its customers.

NexBank Continues Sponsorship of the Byron Nelson

NexBank was started by James Dondero of Highland Capital Management, and he wanted to be sure that he had a strong bank attached to his company. NexBank Capitol offers normal accounts for people who need them, loans, commercial, industrial and residential financing. They have an answer for any question, and they are helping to build up Texas as it grows into the strongest economy in America.

The bank is familiar with loans that people need to make their businesses better, and they are trying to give as many good loans as they can to companies that need them most. Most companies that are in need of loans can get the cash that they need to make their businesses stronger, and they can take out a loan for anything. They can get a loan for construction, or they can get a loan to expand. The company has made it easy for all customers to get what they need, and then the customer can come back for more services in the future. This component of Highland Capital Management is the best thing that James Dondero has done for business in the area. His bank helps everyone in Dallas do business better, and it offers better financing for all.

Read on to know more about Nexbank:

Highland Capital Management’s James Dondero Chooses Linda Owen as New Charitable Giving Manager

Highland Capital Management, L.P., an asset management and strategic investment firm based in Dallas, has hired Linda Owen to direct its charitable giving wing and give direction to its philanthropic activities. Highland founder James Dondero personally hired Owen to oversee the company’s burgeoning charitable activity sector, in large part because he recognized her history of success in creating viable public-private partnerships in the Dallas area.

The hire comes at an important time for Highland Capital Management: as its global status as a trusted alternative credit manager grows, the firm finds itself expanding its charitable activities tremendously in the Dallas region. Already, Highland contributes about $3 million annually to various local organizations, notably the George W. Bush Presidential Library and Museum, the Dallas Zoo, and the Center for Brain Health. It is also heavily involved in causes such as Uplift Education and Snowball Express, and contributes large sums each year to the American Heart Association.

Linda Owen, who began her career at Wald, Harkrader & Ross after completing her both her bachelor’s and law degrees at the University of Texas in Austin, appears to be the perfect person to manage this array of charitable responsibilities. She has served as President and CEO at the Real Estate Council, where she oversaw the Dallas-Fort Worth real estate association’s non-profit activities, and at Woodall Rodgers Park Foundation, where she lead the charge for the construction of Kylde Warren Park. Owen has been involved with philanthropic organizations across Dallas and the state of Texas for her whole career, and her ambitions line up nicely with Highland’s stated operational goals.

James Dondero, who initiated contact with Owen and completed the hire, has long been a fixture on the Dallas business and philanthropy scenes. As one of the founders of Highland Capital Management, along with current colleague Mark Okada, Dondero is one of the world’s leading asset managers. With over $17 billion in current asset holdings, Highland has emerged as a global expert in matters of credit strategy, hedge fund analysis, private equity management and collateralized loan obligations. Highland also specializes in alternative investment strategies, and has delved into emerging market and natural resource investment classes in recent years.

Dondero founded the company with his partner in 1992, and since that time they have grown into a multinational business with offices in North America, South America and Asia. The services that Highland provides to its array of clients are invaluable and contribute to the thriving business scene in the Dallas-Fort Worth metro area. Even with the hiring of Linda Owen, it is unlikely that James will scale down his involvement in Highland’s charitable activities. He continues to sit on various boards and engage with local civic leaders in pursuit of the effective philanthropic approach that seems to elude so many successful businessmen. One thing is for certain: Dondero and Owen will form a powerful and energetic charitable team in the present day and for a long time to come.

This article recapped